Back to search

Lithe Audio Ltd

10075251

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

UNIT 4 - IO CENTRE SALBROOK ROAD INDUSTRIAL ESTATE, SALFORDS, RH1 5GJ
Incorporated 21/03/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27900
Manufacture of other electrical equipment

Officers

Mr Amit Ravat

director · Since 21/03/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 1 other board

Mr Wesley Wing Kuen Siu

director · Since 21/03/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Persons with Significant Control

Mr Amit Ravat

50–75% shares

British · United Kingdom · Age 45

Unit 4 - Io Centre, Salbrook Road Industrial Estate, Salfords, RH1 5GJ

Notified 01/11/2016

Mr Wesley Siu

50–75% shares

British · United Kingdom · Age 47

Unit 4 - Io Centre, Salbrook Road Industrial Estate, Salfords, RH1 5GJ

Notified 01/11/2016

Charges2 outstanding

Charge
outstanding

TREYD AB

Created 15/05/2024Registered 15/05/2024
Charge
outstanding

SANTANDER UK PLC

Created 03/04/2020Registered 07/04/2020

CompanyRankvs 1061+ SIC 27900 peers
47

Financial strength83th percentile among SIC peers · 21/25
Employees76th percentile among SIC peers · 11/15
LiquidityNo balance sheet data · 0/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength21/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£782k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

£835k

Fixed Assets

£102k

Debtors

£1.1M

6avg. employees-1

Tax at Year End(2024)

Corp tax£8k
Dividends paid-£66k
Prepared with Silverfin

EstimatesDerived

YearCurrent RatioImplied Profit
2025-£39k
20243.13-£47k
20235.08

Derived from filed accounts. Not audited figures.